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36th day of QQQ short term up-trend; 10 high earners at new highs 27 Aug 2013 | 06:08 am
Up-trend continues. Below is my scan of stocks with good earnings that hit new highs on Monday. These are the 10 with recent quarterly earnings up at least 70%. I own some of these. Click on to enlar...
QQQ remains in Stage 2 up-trend; GMI2=8 (of 8) 26 Aug 2013 | 07:38 am
The weekly chart usually provides me with a better picture of the market’s main trend. The weekly chart of the QQQ below clearly shows that this index has been in a Stage 2 up-trend. Note that the i...
34th day of QQQ short term up-trend; GMI rises to 4 23 Aug 2013 | 07:20 am
GMI is back to 4 and it looks to me like the QQQ short term up-trend is intact. I started buying TQQQ again. This market has had a lot of opportunities to decline but has held—for now. I am slowly go...
Market still on support 22 Aug 2013 | 05:15 am
Another down day in the QQQ on Thursday could trigger a new QQQ short term down-trend. This is a good time for me to be mainly in cash and on the sidelines. In down markets it is much easier to see t...
QQQ short term up-trend still intact–barely 21 Aug 2013 | 07:04 am
QQQ is sitting on support. Mr. Market has not made up his mind about the short term trend. There were 186 new lows and 84 new highs on Tuesday. gmi: 3 gmi-2: 3 t2108: 36
T2108 falls to 32% 20 Aug 2013 | 04:32 am
The QQQ short term up-trend will end with a flat or down day on Tuesday. This will likely cause the GMI to flash a Sell signal. Stay tuned. I am mainly in cash or holding SQQQ in my trading account...
T2108 falls to 32% 20 Aug 2013 | 04:32 am
The QQQ short term up-trend will end with a flat or down day on Tuesday. This will likely cause the GMI to flash a Sell signal. Stay tuned. I am mainly in cash or holding SQQQ in my trading account...
Market on support, QQQ short trerm up-trend in doubt; hedged position in SQQQ 18 Aug 2013 | 10:47 pm
While the longer term up-trend is still very much in place, the short term trend is very risky. On Friday I wrote that IBD sees the market in a correction. My indicators have weakened too, with the ...
GMI, GMI-2 decline to 3 each 16 Aug 2013 | 06:51 am
Up-trend still intact but it would be prudent to be defensive until the market settles down. AAPL and TSLA are showing relative strength. AFSI is the only stock to come up in my new high and good ear...
28th day of QQQ short term up-trend; AAPL masks weakness 15 Aug 2013 | 05:43 am
AAPL continues to mask weakness in tech stocks. Only 19% of the Nasdaq 100 stocks rose on Wednesday. IBD sees the market under pressure. This is a time to raise stops and hold back from new purchas...
